Highway 50 Gold Corp. (CVE:HWY – Get Free Report)’s stock price was down 4% during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 380,000 shares were traded during mid-day trading, an increase of 272% from the average daily volume of 102,182 shares. The stock had previously closed at C$0.13.
Highway 50 Gold Stock Down 4.0 %
The firm has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.18. The company has a market capitalization of C$5.54 million, a P/E ratio of -1.33 and a beta of 0.08. The company has a quick ratio of 0.15, a current ratio of 0.18 and a debt-to-equity ratio of 61.21.
About Highway 50 Gold
Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of assets in North America. The company explores for gold deposits. Its projects portfolio includes the Gold Knob project comprises 589 unpatented claims located in Winnemucca, Nevada; the Golden Brew project that consists of 101 unpatented claims located in Lander County, Nevada; the Johnson Canyon project, which comprises 186 claims located in Lander County, Nevada; and the Monroe project covering an area of 1,282 hectares located in the Fort Steele Mining Division, southeast British Columbia.
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